Montana § 28-10-703 Responsibility Of Agent When Third Person Claims Property Received For Principal

Montana Statutes

§ 28-10-703 — Responsibility Of Agent When Third Person Claims Property Received For Principal

Montana § 28-10-703

Title 28CONTRACTS AND OTHER OBLIGATIONS

Ch. 10AGENCY

Part 7Agent's Responsibility to Third Persons

This text of Montana § 28-10-703 (Responsibility Of Agent When Third Person Claims Property Received For Principal) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 28-10-703 (2026).

Text

28-10-703 . Responsibility of agent when third person claims property received for principal. If an agent receives anything for the benefit of the agent's principal that another person is entitled to possess, the agent shall, on demand, surrender it to the person, or so much of it as the agent has under the agent's control at the time of demand, on being indemnified for any advance that the agent has made to the principal, in good faith, on account of the advance. The agent is responsible for the thing of benefit if, after demand, the agent delivers it to the principal.

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28-10-703 . Responsibility of agent when third person claims property received for principal. If an agent receives anything for the benefit of the agent's principal that another person is entitled to possess, the agent shall, on demand, surrender it to the person, or so much of it as the agent has under the agent's control at the time of demand, on being indemnified for any advance that the agent has made to the principal, in good faith, on account of the advance. The agent is responsible for the thing of benefit if, after demand, the agent delivers it to the principal.

Legislative History

En. Sec. 3132, Civ. C. 1895; re-en. Sec. 5454, Rev. C. 1907; re-en. Sec. 7969, R.C.M. 1921; Cal. Civ. C. Sec. 2344; Field Civ. C. Sec. 1257; re-en. Sec. 7969, R.C.M. 1935; R.C.M. 1947, 2-213; amd. Sec. 33, Ch. 117, L. 1979; amd. Sec. 814, Ch. 56, L. 2009.